|Day Low/High||7.65 / 7.93|
|52 Wk Low/High||5.10 / 9.45|
With the market appearing overbought on a number of metrics, the model portfolio may favor booking profits.
Stocks rose for the week and June posted a better-than-expected jobs report, however, the model portfolio did not conduct any trades.
Although stocks rebounded during the week post-Brexit selling, we increased our positions in 3 of our model portfolio holdings.
Financials were among the hardest hit after the Brexit vote, prompting our model portfolio to add to our banking stocks.
With market weakness expected to continue to linger, our model portfolio considers it a potentially good time to buy.
We trimmed two positions in the model portfolio this week amid overall market strength.
With the probability of an interest rate hike at the June FOMC of just 4% and also lingering uncertainty about rising interest rates over coming weeks and months, we remain comfortable with the model portfolio.
Datalink (NASDAQ: DTLK) announced today that it has been named to the 2016 edition of the CRN Tech Elite 250, marking its appearance on the list every year since its inception in 2011.
U.S. shares advanced for the week, but we did not make any trades in our model portfolio. Next week, however, a plethora of economic data will be released.
U.S. stocks are approaching oversold levels for the first time in over a month, leaving us comfortable with an above-average 25% cash position in our model portfolio as we search for new names to add.
The stock appears cheap compared to other "mega-cap" tech names
U.S. stocks are approaching oversold levels for the first time in over a month, prompting our model portfolio to increase its position in Kratos Defense & Security.
More than half of the model portfolio reported earnings in a 48-hour stretch, but earnings season wraps up next week amid a quiet economic front.
Several names in the model portfolio experienced increased volatility, despite U.S. stocks posting just fractional losses this week and holding near record highs.
Datalink (Nasdaq: DTLK), a leading provider of IT services and solutions, today reported first quarter 2016 financial results.
With the market ticking higher this week, we used its strength to take profits in some of our portfolio companies.
Datalink (Nasdaq: DTLK), a leading provider of data center infrastructure and services, announced today that it will issue a news release on Wednesday, April 27, 2016, at approximately 3:00 p.
We made just one trade for the model portfolio this week as the market ended with a fractional loss.
Datalink (NASDAQ: DTLK) announced today that it has been named to the CRN ® 2016 Managed Service Provider (MSP) 500 list in the Elite 150 category, which recognizes large, data center-focused MSPs with a strong mix of...
We made several moves this week as stocks bounced back and the quarter ended in the green for the portfolio.
We used the broader market decline this week to add to one position.
We used the selloff earlier in the week to make several moves in the portfolio.